Loading...

Optical Communications And Solar Sectors Will Open New Markets

Published
08 Aug 24
Updated
03 Sep 25
AnalystConsensusTarget's Fair Value
US$69.83
14.0% overvalued intrinsic discount
10 Sep
US$79.62
Loading
1Y
79.2%
7D
5.5%

Author's Valuation

US$69.8

14.0% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on03 Sep 25
Fair value Increased 2.32%

Analysts have raised Corning’s price target to $69.83 on strong Q3 guidance driven by robust AI infrastructure demand, expanding margins, and increased U.S. solar project exposure, despite elevated sector valuations. Analyst Commentary Bullish analysts cite Corning's strong Q3 guidance, highlighting projected revenue growth of 13% year-over-year and EPS growth of 21% year-over-year, signaling robust operational momentum.

Shared on04 Aug 25
Fair value Increased 16%

Corning’s fair value has been revised upward as a result of a notably higher future P/E multiple and modestly improved revenue growth forecasts, driving the consensus price target from $59.08 to $65.23. What's in the News Management expects double-digit year-over-year sales and earnings growth for Q3 2025, with core sales of $4.2 billion and core EPS between $0.63 and $0.67.

Shared on07 May 25
Fair value Increased 34%

Shared on30 Apr 25
Fair value Decreased 32%

AnalystConsensusTarget has increased revenue growth from 9.9% to 11.0% and decreased future PE multiple from 25.0x to 20.0x.

Shared on23 Apr 25
Fair value Increased 16%

AnalystConsensusTarget has decreased shares outstanding growth rate from -0.0% to -0.1%.

Shared on16 Apr 25
Fair value Decreased 1.95%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 0.97%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 3.22%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Increased 0.98%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on10 Mar 25
Fair value Increased 0.97%

AnalystConsensusTarget has decreased revenue growth from 12.1% to 9.9% and increased profit margin from 10.6% to 13.0%.